Kathmandu / April 28: The Nepali economy is projected to grow by 5.84 percent (at consumers’ price) in fiscal year 2021/22, which is less than the government’s estimated growth rate of seven percent. According to the Central Bureau of Statistics (CBS), the growth rate has been revised based on the performance of the economy in […]
Kathmandu / April 28: Finance Minister Janardan Sharma has underscored the need to boost government-private sector cooperation so that economic development could be realized. “Significant portion of the national economy is sustained by the private sector. Government is only the facilitator. Seventy percent of the entire economy hinges on private sectors,” he noted. According to […]
Kathmandu / April 27: The Government has decided to grant two days of weekly holiday in a week as a trial. Announcing the decision of the cabinet meeting held on Tuesday, government spokesperson and Minister for Communications and Information Technology Gyanendra Bahadur Karki said that the government has decided to give two days of weekly […]
Kathmandu / April 27: Foreign Direct Investment (FDI) inflow has been up by 60 per cent in the first eight months of the current fiscal year (FY) in comparison to the same period of the previous FY. According to the Current Macroeconomic and Financial Situation report released by Nepal Rastra Bank (NRB), net FDI has […]
Kathmandu / April 27: A total of 109 teams have so far acquired mountaineering expedition permits this spring season. According to the Department of Tourism, Ministry of Culture, Tourism and Civil Aviation, the expedition teams have already started leaving for the climb attempts of 25 peaks and mountains. The teams comprise 876 aspiring climbers from […]
Kathmandu / April 26: The International Monetary Fund (IMF) has projected that Nepal’s economic growth rate will remain at 4.1 percent in the current fiscal year 2021/22. Unveiling a report entitled ‘World Economic Outlook’, the international financial institution has estimated the figure for Nepal’s growth rate, which is higher than 3.9 percent projected by the […]
Kathmandu / April 26: The government is preparing to introduce a special provision in the upcoming budget for modernising postal services as per the need of time. During a discussion between the Ministry of Finance and the Ministry of Communications and Information Technology today, Finance Minister Janardan Sharma called for coming up with an action […]
Kathmandu / April 26: A team led by Labor, Employment and Social Security Minister Krishna Kumar Shrestha is going to Malaysia on Wednesday. According to the ministry, the minister is going there on a four-day visit to Malaysia at the invitation of Malaysia’s Human Resources Minister Sarvanan Murugan. Minister for Labor Shrestha met Acting Ambassador […]
Kathmandu / April 25: A total of 104,123 candidates have filed their candidacies for the local level election. According to the Election Commission, there are 2,744 candidates for the post of Mayor of the metropolitan-sub-metropolitan and municipality and 1,699 candidates for the post of Deputy Mayor. There are 2,941 candidates for the post of Rural […]
Kathmandu / April 25: Although agriculture has been a major sector of the country’s economy as the main source of livelihood, employment and economic and social transformation, it has been found that the country has been importing huge quantities of agricultural goods. Agriculture sector has more than one-third contribution to the country’s gross domestic product […]